Do the American voters know that the unprecedented improvement in their standard of living that the last hundred years brought was the result of the steady rise in the per-head quota of capital invested? Do they realize that every measure leading to capital decumulation jeopardizes their prosperity?
Ludwig von MisesThe average American worker enjoys amenities for which Croesus, Crassus, the Medici, and Louis XIV would have envied him.
Ludwig von MisesOn the unhampered market there prevails an irresistible tendency to employ every factor of production for the best possible satisfaction of the most urgent needs of the consumers. If the government interfered with this process, it can only impair satisfaction; it can never improve it.
Ludwig von MisesThe wealth of the well-to-do of an industrial society is both the cause and effect of the masses' well-being.
Ludwig von MisesWhat makes the existence and the evolution of society possible is precisely the fact that peaceful cooperation under the social division of labor in the long run best serves the selfish concerns of all individuals. The eminence of the market society is that its whole functioning and operation is the consummation of this principle.
Ludwig von Mises